2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $1.65 trillion. Bitcoin’s Meteoric Rise in 2024 Leaves Ethereum and […] Original
The price of VERUM and PHALA has shown double-digit gains, while Bitcoin has retraced to the $94,000 level. The global crypto market cap is not trading at its best shape, losing 2.11% in market cap over the last day. The overall bearish market conditions are visible across all top coins, with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) showing a pullback in the last 24 hours. Amidst this market condition, Verum Coin (VERUM) has surged by over 88%, jumping from a 24-hour low of $1,120.20 to as high as $2,182…
The non-fungible token market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300. According to the latest data from CryptoSlam, the NFT market has seen a substantial correction: total sales volume plummeted 49.77% this past week to $152.7 million. Despite the sharp decline in trading volume, market participation metrics show continued interest from new and existing traders. NFT buyers have increased by 50.97% to 531,208 NFT sellers have grown by 47.14% to 308,666 NFT transactions have decreased by 13.26%…
Este artículo también está disponible en español. Bitcoin is navigating turbulent waters as its price continues to slide, searching for a stable support level amid growing uncertainty. The current downward momentum has sparked concerns among investors and analysts, with many questioning whether Bitcoin has reached its cycle top. Sentiment in the market has shifted dramatically, with fear replacing the once euphoric optimism that drove the cryptocurrency to recent highs. Related Reading Despite the unease, crypto analyst Ali Martinez offers a more optimistic perspective on the situation. In a recent analysis…
Este artículo también está disponible en español. As the market approaches the end of 2024, the crypto landscape is teeming with speculation and anticipation. A recent report from the data aggregator CoinGecko has provided a comprehensive analysis of what investors can expect in 2025. With the market experiencing a significant correction, many industry participants are left questioning their next steps. However, CoinGecko’s insights suggest a promising trajectory ahead. Broader Crypto Market Signs Point To Significant Growth One of the standout predictions centers around Bitcoin (BTC), the flagship cryptocurrency. The report…
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly collect her staking rewards. The lawsuit, filed in San Francisco Superior Court, seeks damages for fraud, unjust enrichment, and breach […] Source CryptoX Portal
Este artículo también está disponible en español. As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC’s price to new highs. Related Reading Bitcoin’s Red Week, Green Year Since breaking past the long-awaited $100,000 barrier in early December, Bitcoin has seen two significant corrections to the lower zone of its one-month range. Throughout the month, the flagship crypto’s price has traded between $90,000 and $108,000,…
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final implementation. Brazilian Congresswoman Warns About the End of Physical Money […] Source CryptoX Portal
Este artículo también está disponible en español. Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $185,000 By Year-End 2025 According to Galaxy Research, Bitcoin is poised to exceed $150,000 in the first half of 2025 and may reach or surpass $185,000 by the end of the year. This bullish outlook is underpinned by a combination of…
Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 trillion tokens worth over $51 million was burned as part of the dog-themed meme coin’s community holiday token burning event dubbed the “BURNmas.” Based on community participation in Burnmas, the amended vote has passed and 1.69 Trillion $BONK has been burnt from the @bonk_dao multisig The Total Supply of $BONK is now down to 91 Trillion Tokens from it’s original 100…